Search results for keyword: obligation
political and legal environment
The Political and Legal Environment
As the world has become increasingly interconnected, the political and legal landscape of each nation has been subjected to greater pressure and scrutiny. This has created an environment in which the need for an understanding of the legal and political framewo......
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primary payment obligation
Air Pollution
Air pollution is one of the single greatest threats to human health and the environment. It is the pollution of the air with harmful substances like chemicals, particulate matter, or biological materials. It can come from car emissions, factory production, burning trash or wood, or ......
obligation to pay
Payment obligation
Payment obligation is a type of contract wherein one entity is obligated to pay financial compensation or otherwise render services in exchange for goods or services provided by another. Payment obligations are legally binding and failure to abide by a payment obligation can le......
institutional tax avoidance
Tax Avoidance System
Tax avoidance is a way of minimizing tax liabilities by optimizing the legal use of tax laws to reduce income. It is not advisable to break the law or undertake illegal activities. A tax avoidance system exists as a strategy, whereby individuals, companies and organizations l......
Anti-tax system
The return of the withholding tax system
The return of the withholding tax system has been welcomed by many economists in recent years. It has been hailed as a progressive taxation system that ensures higher revenue collection and fewer deductions. This type of taxation system is implemented when......
corporate law
The Corporate Governance Law
The Corporate Governance Law is a law that governs the structure, operations, and purpose of corporations. The mandate of the Corporate Governance Law is to ensure that businesses operate in a transparent and responsible manner. The law also aims to protect shareholde......
contract acceptance
Contract Acceptance
Contracts are the primary sources of laws that regulate the obligations between two parties in a business arrangement. As a result, contract acceptance is important in determining the enforceability of contracts. Generally speaking, contract acceptance occurs when one party ag......
Legal representative
1. Definition of Agency
The legal concept of agency is a type of legal relationship between two parties, the principal and the agent. In general terms, the agent agrees to act on the principal’s behalf, doing whatever the principal wants him or her to do. An agency relationship is often establis......
Trademark Law Treaty
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TRADEMARK LAW CONVENTION
The Trademark Law Convention (TLC) is a multilateral treaty that seeks to harmonize trademark laws and regulations in countries around the world. The Trademark Law Convention is open to all countries, regardless of their economic or political standing.
The Treaty was f......
"Regulations on the Recognition and Protection of Well-known Trademarks"
Trademark Recognition and Protection Regulations
Trademark recognition and protection regulations are a set of laws formulated by the Chinese government to ensure that trademarks can be recognized and protected in China. Under the regulations, trademarks need to be registered with the Chinese Tra......
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